Those are a 'computer generated' technical target...

I really don't put much faith in them, for me the TA does look promising but there will be a few road blocks on the way back to $1. Unless a takeover offer gaps us up our target in one nice NR, then we have several resistance points to tackle one by one.

If you pull up a 4yr historical daily chart, and draw a horizontal line across each "step down" in 2007-2008, you will see our resistance points are:

.49 / .57 / .64 / .69 / .79 / 1.07

Support is .42 however, I was looking at .38 since the NR, thinking we would get a 50% retracement. It has not happened, which is VERY encouraging, but I am cautions on this one simply because I am one of those long term sufferers.

I did take some profit last week, but am holding a core position that needs to see +.60 before I make any decisions.

Good luck, from where I am sitting, we are in a consolidating/holding pattern and another leg up is imminent.

GS40